Binance Ends Pre-Market Trading for Altcoin, Launches Spot Trading!

Binance Ends Pre-Market Trading for Altcoin, Launches Spot Trading!
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End of Pre-Market Trading and Launch of Full Listing

As part of its operational updates, Binance will be transitioning from Pre-Market trading to full spot trading for SCR. Here are the key details:

New Spot Trading Pairs for SCR

  • SCR/BTC
  • SCR/USDT
  • SCR/FDUSD
  • SCR/TRY

The deposit address for SCR is now available, allowing users to deposit tokens in preparation for trading starting from 1:00 PM UTC on October 21. Withdrawals will be enabled at 11:00 AM UTC on October 23, 2024.

Key Listing Details

  • Listing Fee: 0 BNB
  • Network/Smart Contract: Scroll Network (0xd29687c813D741E2F938F4aC377128810E217b1b)
  • Note: TRY represents the Turkish Lira, not any digital currency.

The SCR listing will be seed-tagged, indicating that the token is relatively new and may carry additional risk. Binance has noted that all Pre-Market orders will be automatically canceled once Pre-Market trading concludes.

Trading and Operational Updates

Additional updates include:

  • USDT deposits and withdrawals are now available on the Scroll network.
  • There will be no further announcements regarding USDT features.
  • The transfer function for SCR will resume before 1:00 PM UTC on October 21.
  • Trading bots and Spot Copy Trading will be activated within 24 hours of SCR’s spot listing.

Users with active Spot Copy Trading portfolios can include SCR pairs by updating their preferences in the Personal Pair Preference section.

Conclusion

With the transition from Pre-Market trading to spot trading, Binance continues to enhance its trading offerings. Ensure you are prepared for the launch of SCR on October 22, 2024, and take advantage of the new trading pairs!